VirginiaResale Disclosure Act; resale certificate, responsibility for payment of insurance deductible.
What it does
Resale Disclosure Act; resale certificate; responsibility for payment of insurance deductible. Requires the resale certificate form, developed by the Common Interest Community Board, to include a statement indicating that the governing documents of an association may make an owner responsible for payment of all or part of the deductible when making a claim against any insurance provided by the association for the benefit of the owners or insurance coverage recommended or required to be obtained by the owners. This bill is identical to SB 808.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Mar 18Acts of Assembly Chapter text (CHAP0014)Latest
- Mar 18Approved by Governor Glenn Youngkin-Chapter 14 (Effective 07/01/25)Became Law
- Feb 18Governor's Action Deadline 11:59 p.m., March 24, 2025To Governor
- Feb 18Enrolled Bill communicated to Governor on February 18, 2025Minor
- Feb 15Signed by PresidentMajor
- Feb 12Signed by SpeakerMajor
- Feb 12Fiscal Impact Statement from Department of Planning and Budget (HB1704)
- Feb 12Bill text as passed House and Senate (HB1704ER)Major
- Feb 12EnrolledMinor
- Feb 10Passed Senate (39-Y 0-N)Passed Senate
- Vote recorded Passed Senate (39-Y 0-N). Result: pass.Upper
- Feb 10Read third timeMinor
- Feb 7Passed by for the day
- Vote recorded Constitutional reading dispensed (on 2nd reading) (38-Y 0-N). Result: pass.Upper
- Feb 7Constitutional reading dispensed (on 2nd reading) (38-Y 0-N)
- Feb 7Rules suspended
- Feb 5Reported from General Laws and Technology (13-Y 0-N)Minor
- Vote recorded Reported from General Laws and Technology (13-Y 0-N). Result: pass.Upper
- Jan 28Referred to Committee on General Laws and TechnologyMinor
- Jan 28Constitutional reading dispensed (on 1st reading)
- Jan 27Read third time and passed House (97-Y 0-N)Passed House
- Vote recorded Read third time and passed House (97-Y 0-N). Result: pass.Lower
- Jan 24Read second time and engrossedMinor
- Jan 24Fiscal Impact Statement from Department of Planning and Budget (HB1704)
- Jan 23Read first timeMinor
- Jan 21Reported from General Laws (21-Y 0-N)Minor
- Vote recorded Reported from General Laws (21-Y 0-N). Result: pass.Lower
- Jan 16Subcommittee recommends reporting (8-Y 0-N)
- Vote recorded Subcommittee recommends reporting (8-Y 0-N). Result: pass.Lower
- Jan 13Assigned GL sub: Housing/Consumer ProtectionMinor
- Jan 4Referred to Committee on General LawsMinor
- Jan 4Prefiled and ordered printed; Offered 01-08-2025 25103668DIntroduced